21st Century Wire
LONDON – The Westminster political ritual commonly known as ‘Budget Day’ took place yesterday.
Every year is the same – taxes are added and taxes are cut, spending is cut, while other spending is added, with some spending associated with privatised contracts simply kicked down the road onto a spreadsheet to be counted later next year.
This year, in order to stave off some simmering public dissent, Britain’s current Chancellor Exchequer, George Osbourne, offered a few concessions to pensioners and the working poor, but achieved nothing towards addressing the largest economic elephant in the room – spiraling public debt and the steady rise in the cost of living due to inevitable inflation.
The current debt of the British government is around £1.8 trillion and that number is expected to double every two years. It’s a recipe for disaster. For politicians propping up the losing fractional reserve debt-based private banking money regime, there seems to be only three bent tools in their economic tinker chest: cut more and borrow less, or cut less and borrow more – or the current US federal model… spend more and borrow more.
They willfully ignore the most explosive and viable option available: bypass the international banking syndicate with the issuance of money from the Treasury as credit. There is a historic precedent in the UK, and it’s called The Bradbury Pound.
Yesterday the UK Column and a hundred supporters converged on Parliament and Westminster to present their economic prescription to MPs and the people. Although most MPs and staffers shied away from commenting (some appeared genuinely scared at the prospect) on The Bradbury when approached, information was still distributed to thousands of passers by, mainstream media and law enforcement.
Bradbury advocate and spokesperson Justin Walker explains, “We’re here to issue a writ of mandamus to No. 10 Downing Street. Do they know what happened in 1914, do they know about the Bank for International Settlements, do they know who controls the world’s money supply and Britain’s money supply? These questions they don’t have answers to.”
Brian Gerrish, Editor of the UK Column adds, “We’ve got a tax on people’s bedrooms, we’ve got people who can’t feed themselves because of the lies from the corrupt international banks – and the Bradbury solves it. If you’re worried about the NHS it’s about money, if you’re worried about the roads – it’s about money, if you’re worried about the children – it’s about money. If we solve the money problem, then we solve the whole problem… follow the money. If we deal with the corrupt in the international monetary supply then we deal with all of our problems.”
Britain did it in 1914 with The Bradbury Pound, and the US did it twice, when President Abraham Lincoln did it in 1861 with the Greenback, and again in 1963, when President John F. Kennedy broke the private banker monopoly on the creation of money by issuing a tranche of US Treasury notes.
The UK Column explains:
“On the 7th August 1914, in order to avoid a run on the banks, the Treasury issued Treasury Notes signed by John Bradbury – a form of national credit backed by the credit of the nation.
We require that the Treasury immediately restarts issuing such interest-free money, based upon the wealth, integrity and potential of our country. Such an initiative would completely remove the hold the banks have over the nation, and would kick-start a productive economy.”
Watch this incredibly informative video on how The Bradbury could happen tomorrow – if we get behind it and demand implementation by government. Essential viewing…
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